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This week, at the White House, the president pledged to cut spending and asked his agency heads to cut 5 percent of their budgets.

Trump's action comes just 24 days after we published an open letter to the president in The Wall Street Journal and USA Today. In the letter, we urged President Trump to wage a war on waste using a three-pronged attack: 1. Post all White House expenditures online; 2. Cut agency waste (5 percent of their budgets); 3. Report progress to the public.

It looks like the president is following our plan.

"He's asking [agency heads] to cut the fraud, the waste, the abuse," White House senior advisor Kellyanne Conway said on Fox Business Network. "Cut the fat, not the essentials."

Read our open letter to the president along with 100 examples of egregious taxpayer abuse here.